The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-11-26

HOW PUBLIC MEN AND WOMEN
DEAL IN IT.

How President Cleveland's Real
Estate Increased in Value 49, Mr.
Whitney Clears $oO,ooo-A Balloon
Ready to Burst.
From the Neto York Sun
WASHINGTON, Nov. 22-Mrs. Augusta
Patten, the widow of the Cal fo1nia million
aire and mother-in-law of Representative
Glover, of st. Louis, has just bought $780,
900 worth of real estate from Gardiner Hub
bard. She has now more than $500, 900 in
vested in Washington property, and has
purchased more than $4,000 worth this
wear She has made $50, 900 off a piece of
land which she has bought near the Presi-
dents country home, and the ground on
which her big mansion is located has doubled
in value since she purchased it, Her Wash
inpton house cost her nearly 100000 to
build and she is one of the few women who
make living in Washington pay Her in
yestments call attention to those of other
women. Mrs. Gen. Albert Meyer bought
land on Washington Heights a few months
ago which is now worth $4,000 more than
she paid for it, and Mrs. Senator Sherman
owns a number OF lots on Columbia Heights,
She keeps her property separate from the
Senator's, and Senator Sherman. in speak
ing of it, always refers to it as Mrs SheI-
mans land. Mrs. Logan's home Calumet
Place." is worth at least twice what it cost
the General, and Mrs. Justice Woods has
bought lot in the same locality. Secreta-
nv Evarts has just rented a house, which is
the property of Mrs. Gen. Hazen, who is,
YOU know, the sister of John Mclean pro-
pretor of the Cincinnati Enquirer.
The McLeans are largely interested in
Washington real estate, and within the past
five years they have bought property here
TO the amount of nearly a million dollars
John Mclean has made at least 100000
within the past six years in Washington,
and he made 100000 out of the cemetery
near the house of Senator Blaine He paid
about S51, 900 for it, and it would bring
S150,000 to-day under the auctioneer's ham
mer. Washington Mclean bought, not
long ago, for $32,0 600 a piece of property
the ground of which alone is now worth
S75. 900, and during the past summer John
Mclean has been making strenuous efforts
to buy the colored church facing McPher-
son square. He offered $4,000 for it and
it was refused. Washington Mclean paid
about $1,000, a year or so ago, for the
Sickles mansion, where Gen Siclzles was
living when he shot Philip Barton Key
Adjoining Gen. Beale's home is the house
which Congressman Scott, of Pennsylvania,
bought for $500 last week. All of these
houses are on Lafayette Square, within
stones throw of the White House, and about
this square now live some of the richest
people in Washington. John Hays house,
built on land which cost him So a square
foot, is just below that of the millionaire
Corcoran, and opposite the Sickles man.
sion, on the other side of the square, is SEN
ator Don-Cameron's old-fashioned home, the
Tayloe mansion. 1t is a cream yellow
structure, of the English basement order,
with a wide front door in the centre and
parlor on the second floor. Cameron paid
SCI, 900 for it last year.
Don Cameron is one Of the largest of the
Senatorial prOperty-owners, and the day
has come when nearly every Senator has his
own home in Washington. Cameron made
at least $4,000 out of the house which he
built on Scott Circle. He has invested
largely in suburban property, and he has
number of vacant lots within the city.
don't think he is interested with Sena or
Sherman, and the two statesmen, though
related by marriage, paddle their respective
canoes alone in money making streams.
Senator Sherman has always had faith in
} Washington property, and he says
that during his recollection it has
Increased at the rate Of 10 per
in which he lives faces Franklin Square,
and is worth $4,000. He bought the
ground when the square, which is now one
of the most beautiful parks of the capital,
was a COW pasture, and when the boys used
it as a ball ground. Through his. influence
a picket fence was built around it, but the
boys objected and knocked the pickets off.
Senator Sherman is one of a syndicate of
four who several years ago paid $500, coo for
the Stone estate, on the hills above Wash
ingtOn, at the head of Fourteenth street.
This was at the rate of about 4c. foot.
Mrs. Logan now lives in the old Stone farm
house, which has been remodelled, and the
syndicate has doubled its money ten times
over. Some of the land is worth 81 per
square foot to-day, and none of it less
than 25c.
The best speculation of the past summer
has been that of Gardiner Hubbard, the
father-iC-law of Telephone Bell. He paid
100000 for what is now known as Belair
Heights, on the line of the Massachusetts,
avenue extension. 1t was tract of hill and
hollow, and Washington, which had seen
nothing of the wonders of modern grading,
W laughing at him for his folly. He put
800 men at work, had an army of carts and
corps of blasters. He laid out his tract in
lots and he spent 100000 in improving it.
He has since sold $500. 900 worth of lots and
has some property left. His land lies ON
this side of Rock creek. and his venture has
been so successful that | understand a big
syndicate owning land OH the other side OF
the stream will attempt the same thing.
Between Hubbard's property and the city
lies Kalorama Heights, for which the Bulltt
syndicate of Philadelphia paid 100000 for
four-ffths of it, on the basis OF $500,000 for
the whole, and this property is 20 be put
upon the market at high prices in the
spring.
SOME OF THE SUPREME COURT JUDGES
have been investing in Washington real
estate, and have done fairly well. Judge
Harlans house on the Heights cost perhaps
SIG, 900, and it is built on one of three lots
which he bought eighteen months ago. He
sold one of these lots for enough to pay for
the two others. Another of his lots went
think, to Mrs. Justice Woods. Chief Justice
Waite's home, near the Arlington Hotel, is
worth at least 500, 900 more than he paid for
1t, and Stanley Matthews has house on
Connecticut avenue, next to the British
legation, which he values at 100000 JUS
tlce Bradley lives on New Jersey avenue,
near the capitol He is a rich man, but his
property has not increased TO so great an
extent as has that of Matthews. Justice
Fields lives just opposite the capitol plateau,
and it is said that he wanted n high price
for his property when it was thought of
putting the Congressional Library upon its
site Justice Gray has bought a lot and in
tends building, and Justice Blatchford lately
bought the house built by Gen. HUMPHREYS,
and he could sell it to-day for $4,000 more
than he paid for it.
Sunset Cox made 100000 by the sale of
his Washington home just before he left for